Professional Package Home Loan - Westpac - Variable Invest $250<$500K 0.70% Disc

Comparison Rate	5.87%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,149.42
Total Amount Paid Est.	$425,490
Establishment Fee	$0.00

5.61%

Target Market
A loan used to buy, construct or refinance residential real estate for investment purposes. ,
Customers can easily redraw from the buffer created through extra payments they've already made. (available to Non Residents) ,
Can be combined with Fixed Investment Property Loan and/or an Equity Loan to form a Combination Investment Property Loan. ,
First mortgage over residential property is required as security. ,
Loan can be switched to a fixed rate loan at any time (switching fee applies).

Acceptable Income
Self Employed,2 years financials to be supplied, salary and wage earners

Home Loan Loan Term
Maximum overall loan term is 30 years.

Home Loan Loan Size
Minimum: $10K (Pro Pack Min $150k) ,
No Maximum where LVR is <80%

Home Loan Repayment Type
Principal & Interest & Interest Only up to 10 yrs.

Repayment Options
Weekly, Fortnightly or Monthly. ,
Direct Debit Preferred - Direct Debit required for interest only loans.

Extra Repayments
Additional repayments can be made with out charge.

Split Loan Facility
Available within combination structure

Offset
Not available.

Redraw Facility
Available if excess funds exists. ,
Redraw Access Fee: $10 for each redraw on buffer funds.

LVR for Professional Package Home Loan - Westpac - Variable Invest $250<$500K 0.70% Disc

Owner Occupier Maximum LVR: N/A ,
Investment Maximum LVR 97% ,
Construction Maximum LVR 97% ,
Refinance Maximum LVR 90% ,
Vacant Land Maximum LVR 97% ,
Debt Consolidation Maximum LVR 90% ,
Please note that the Max LVR of 97% is for existing customers only. ,
Maximum LVR for new customers is 92%. (Refer to 'Special Criteria' for Existing Customer definition) ,
Please refer to 'Lender Manual' for Higher Priced Property LVR Changes
Premier Advantage Package benefits available: ,
$150K<$250K 0.40% p.a. discount ,
>$250K 0.70% p.a. discount ,
Nil Establishment fee ,
Premier Advantage Package fee is $395.

Fees for Professional Package Home Loan - Westpac - Variable Invest $250<$500K 0.70% Disc

Establishment Fee: $600 ($1,000 for non-residents), Nil on Pro Pack ,
Loan Maintenance Fee: $8 per month. ($395 annual fee on Pro Pack) ,
Redraw Access Fee: $10 for each redraw on excess funds. ,
Progressive Draw Down Fee: $300 (payable once only) ,
Switching Fee: $300 ,
Guarantor Fee $200 (applicable if a guarantor required for the loan) ,
Additional Valuation Fees: ,
Independent valuers - for quote contact lender. ,
Deferred Establishment Fee $900 will only be charged if a customer closes their loan with Westpac within 4 years of origination for reasons such as re-financing to another institution, selling their property or early. Customers will only be charged one DEF per combination or split facility.